Saturday, May 23, 2020 11:19:44 AM
Additional financial tools are now available and allow but don't guarantee positive results. The S-3 may or may not prove useful as their need and beneficial application currently remains unclear to shareholders. Used properly, the S-3 provides a very good option to have in play.
As business risk increases, both survival and excellent new opportunities may hinge on a strong balance sheet coupled with the ability to raise additional funds on very short notice. Their ability to go 'all in' remains a strong statement of commitment; the rub being to who or what and everything that may entail.
I support the company retaining their strong cash position during the current worldwide crisis. This cash cushion may prove extremely important and even essential as worldwide political and economic conditions continue to crumble and deteriorate without any economic solution in sight.
The S-3 Filing, released without explanation after market closing and before a long holiday weekend, presented mostly as a stun grenade rather than reasoned forward looking planning. Current shareholder value now appears to be subject to a potential 'gotcha' registration being filed in the future.
Recent VTSI News
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- VirTra Sets Fourth Quarter and Full Year 2023 Conference Call for Monday, April 1, 2024 at 4:30 p.m. ET • GlobeNewswire Inc. • 03/18/2024 12:00:00 PM
- VirTra to Participate in the 36th Annual ROTH Conference on March 17-19, 2024 • GlobeNewswire Inc. • 03/07/2024 01:00:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 09:05:21 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/29/2023 09:19:05 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 10:54:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 10:52:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 09:07:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 09:05:31 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 11/21/2023 03:54:26 PM
- VirTra Reports Third Quarter and Nine Month 2023 Financial Results • GlobeNewswire Inc. • 11/14/2023 09:05:00 PM
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ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
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